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Tag Archives: Northeast Mississippi

Renasant: 2Q Earnings Snapshot

Renasant Corp. on Monday reported second-quarter net income of $20.1 million. The Tupelo, -based bank said it had earnings of 36 cents per share. Earnings, adjusted for non-recurring costs, were 52 cents per share. The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. The ...

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Elliott joins local nephrology and hypertension practice

John William Elliott, D.O., has joined Nephrology and Hypertension Associates, Ltd. A Tupelo native, Elliott moved to Tallahassee, Fla., with his family in 1999 and graduated from high school there. He earned a bachelor’s degree in biochemistry from Mississippi State University in 2009 and a master’s degree in biology/medical sciences from Mississippi College in 2011. He received his medical degree ...

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RVI announces sale of Tupelo’s Big Oaks Crossing

On June 30, Retail Value Inc. closed on the sale of Big Oaks Crossing in Tupelo for $21 million. Ninety percent of the net proceeds were used to repay mortgage debt associated with RVI with the remaining proceeds retained as cash. Subsequent to the transaction, RVI owns interests in 13 properties located in the continental U.S. and 12 properties in ...

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Plans for Tupelo’s four-story Fairpark building revealed

By DENNIS SEID / Daily Journal A proposed four-story building in Fairpark – part of the overall Fairpark Towers project launched three years ago – will contain commercial and residential space. An earlier version of this story said the building would be named “The Presley,” but that is no longer the case. Elvis Presley Enterprises in Memphis said the name ...

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Downtown boutique hotel to be named Hotel Tupelo, open in December 2021

By DENNIS SEID / Daily Journal TUPELO • The four-story, 80-room boutique hotel to be built in Fairpark in downtown Tupelo has an official name: Hotel Tupelo, and it should be completed by December 2021. The name is a nod to the past, as a Hotel Tupelo once stood downtown. Its Blue Room was where the Community Development Foundation got its ...

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Cooper Tire to begin process of reopening plants next week

After being closed for five weeks, the Cooper Tire plant in Tupelo will start the process of reopening next week. The plant, which opened in 1984, employs some 1,300 workers. Cooper officials announced today that its manufacturing plants in the U.S. and Serbia “will begin the process of reopening and ramping up production next week.” U.S. plant locations include Findlay, ...

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Five airlines submit bids for Tupelo Regional Airport

By DENNIS SEID / Daily Journal Air service has seen a remarkable turnaround in Tupelo the past four years under Nashville-based Contour Airlines, reaching passenger boardings unseen in a decade. “It’s good to see so many interested in service in Tupelo,” said airport Executive Director Cliff Nash. The current contract expires Sept. 30, and four other airlines are proposing to ...

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Sheriff: Suspect’s mother among 6 arrested in fatal shooting

The fatal shooting of a Mississippi man led to the arrests of six people, including the mother of one of the suspects. John Michael Ross Berryman, 21, was found shot on Friday along a state highway in Prentiss County, Sheriff Randy Tolar said in a statement Monday. Berryman was pronounced dead on the scene, news outlets reported. Trakendric Neal Young, 18, was ...

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Mississippi businesses shift production during pandemic

As the nation hunkers down and people shelter in place amid the coronavirus pandemic, several Mississippi businesses have stayed open, switching gears to make much-needed products. A jeans company is making face guards, a coffeehouse is making loaves of bread and distilleries are making hand sanitizer. They’re hoping to keep their employees working as they help fellow Mississippians battle the ...

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Tupelo No. 2 ‘micropolitan’ area in one survey, No. 102 in another

By JACK WEATHERLY Two recent reports on “micropolitan” areas are markedly different because of how they measure economic strength. Oxford ranked No. 8 among 542 areas whose populations range from 10,000 to 50,000 in a report from the Policom Corp. Oxford is not even mentioned in a ranking of such areas in a report from Site Selection magazine. Tupelo was ranked 102nd in ...

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